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Assistant Receiver at Wynot Named that whenever possible he naming men already active assistant receivfailedstate handle banks, without any change salary, made Monday by GovCharles Bryan. This declared, will mean stantial saving to depositors failed banks. Barbourf, who has been charge of the liquidation of banks northeast Nebraska, has been named assistant to the ceiver charge of the Farmers State Bank at Wynot.
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RECEIVER IN CHARGE OF LOCAL BANK G. Barbour Appointed to Close Up Affairs of the Farmers State. W. G. Barbour has been appointed receiver of the Farmers State bank of this place by I. H. Luikhart, state bank receiver, and Mr. Barbour has been in charge since Examiner Haines completed the checking of the books of the bank. is quite well known in this part of the state, having been receiver for 16 of the failed banks in northeastern Nebraska. A number of these are still in process of being wound up and Mr. Barbour will divide his time between the different banks. H. H. Schulte, former cashier of the closed bank, will be employed in the bank for some time, doing the detail work and looking after the liquidation during the absence of the receiver. Mr. Barbour paid deserved compliment to the old officrs of the bank when he stated that the books and accounts of the bank were in the best shape of any he had ever been connected with in the capacity of receiver. This is saving good deal when it is remembered that Barbour has been connected with the winding up of the affairs of 16 state banks. Every book, account and instrument was right un to date, making it simple job for the examiner to check up and turn the bank over to the receiver. Deposit stockholders and the people in general are hoping for the early and favorable closing of the affairs of the Just how well it wil pay out depends much upon circumstances and the ability of the debtors to meet their obligations. The Tribune made slight error last week in announcing the close of the bank when it stated that it was "with the advice and consent of the state department of banking." The bank was really closed by the board of directors after thoro canvas of its affairs. The banking department was then notified.
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DIVIDEND AFTER THE FIRST OF THE YEAR Payment by Bank Receiver Will Not Be Earlier Than February. Prospects are now that no dividend will be realized from the assets of the closed Farmers State bank of Wynot until some time in February. and it may not be until early in March. Notice now being published in The Tribune allows creditors until December 26th to make proof on their claims. Hearing on these claims will be held before Judge Mark J. Rvan at Pender on January 25th, 1932. With the approval of the claims by Judge Ryan, it ought not to take long following that to have a dividend ready for distribution. Blanks were mailed out to depositors last week on which to make proof of claims, and these blanks should be filled out as soon as possible asd filed with Assistant Receiver Barbour at the bank office in Wynot, or they may he filed with the clerk of the district court at Hartington. If these claims are not filed on or before December 26th, they will not be allowed without a great deal of trouble and action of the district court. Depositors should not delay filing proof of claim as it will help to facilitate the work and insure an earlier payment of dividend.
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Miss Anna Schulte is enjoying a visit in the country this week at the E. R. Schulte home. The Methodist ladies aid met at the church gym yesterday afternoon, a lunch being served to all who came. Mrs. Tincom of Hartington was a guest here of Mrs. Crouch several days last week, returning home Saturday. Mrs. John Bliss and children returned home Saturday after several weeks visit with relatives at Akron, Iowa. Carl Barge returned last week from southern Nebraska, where he had been employed since the closing of the school year. Free Inner Tube with each G & J Super-Stalwart, Big 6 and Truck Tire -July only-tires still Tax Free Gamble Stores. Conductor "Soup Bone" Gordon was up on the line this week with the weed burner. Miles also relieved Davis one trip recently. Mr. and Mrs. C. A. Gosting and R. E. Halverson were visitors at the home of Rev. and Mrs. C. F. Steiner in Belden one day last week. Conductor Spaulding was relieving Conductor Morin on the Wynot branch several days this week while the latter was on the main line. Mr. and Mrs. Vic Hochstein and family were visitors at the Frank Leise home Sunday. They were accompanied by Mrs. Louis Hochstein. Mr. and Mrs. T. O. Jones and family drove to Vermillion last Sunday. Mrs. Jones and the boys remained there for a week's visit with home folks. Mrs. Paul Jacobs of Sioux City visited her mother, Mrs. W. C. Jones, several days last week. Her children, who had been visiting here for some time, returned home with her Friday. Mr. and Mrs. Jos. F. Hackl and family and Mr. and Mrs. R. E. Hackl and family entertained the McCormick families, Mrs. D. B. McCrary and family and Miss Helen McCormick of Omaha at a picnic dinner at Homewood park Sunday afternoon. Leslie Jones has been suffering from infection in the palm of his right hand, caused from a bruise received in operating a harvester in the grain fields on his place northwest of St. Helena. The affected member is getting along as well as could be expected, but it is causing him considerable Mr. and Mrs. H. C. Wellwood and son Donald and Claude Bledsoe of Sioux City were Sunday dinner guests of Mr. and Mrs. F. A. Thorpe and also visited other friends in this vicinity. Miss Mary Lawson, who had been visiting relatives and friends here for a week. returned to Sioux City with them. According to information received here, E. H. Luikart, state bank eceiver, is preparing to commence suit egainst the stockholders of the defunct Farmers State bank of Wynot, who have not already settled their liability. The sum of $23.665 is due from these stockholders. The capital stock of the bank was $25,000, instead of $250,000, as erroniously stated by a Hartington paper.